923 S. Scales St., Reidsville, NC
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10612D Providence Road
Suite 547
Charlotte, NC 28277
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923 S. Scales St.
Reidsville, NC 27320
Rockingham County
Single Family Home
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Property ID# 42287
Updated 06/22/2017
Wholesale
Asking Price $28,500.00
Down Payment $28,500.00
Beds 2
Baths 1
Floors 1
Sq. Ft. 884 +/-
Year Built 1920
Garage 1 Car Detached
Basement None
Lot Size 6,098
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This house is zoned Commercial or Residential. It is 1 of 2 houses on the street. The rest is Commercial! The tax value of this house is $52,215 and it was rented out for $575 per month. $28,500 (Purchase Price) $ 575 (Monthly Rent) $ 6,900 (Yearly Gross) $ 552 (Property Management-8%) $ 345 (Maintenance) $ 745 (Taxes) $ 600 (Insurance) $ 4,658 (Net Yearly) 16.344% ROR. This is not taking in effect what the property is actually worth. Only cosmetic fixes are needed.

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